Thu, 30 Aug 2012 13:16:12 GMT
Eurozone confidence falls in August
Euro area's economic confidence slid more than expected in August as European leaders failed to curb region's recession and the crisis worsened. Executive and consumer sentiment index in the Eurozone slipped to 86.1 from 87.9 in previous month, the European Commission announced on Thursday. The reading was the weakest since August 2009, and fell behind economists' estimate of 87.5.